STAFF BENEFIT RATES FOR FISCAL 12/13


 

The table below lists the staff benefit rates which will be applied to salaries and wages effective July 1, 2012.  
These rates will remain in effect through June 30, 2013.                  
                           
The benefit rates for each benefit pool group (i.e. Faculty >=51%, Unclassified >=51%, etc.) include      
the amount of the under/overaccrual of benefit costs from the prior year, as required by the federal government.  
                           
Please forward this information to anyone in your division, college or department who may require it.  If you    
have any questions, please contact me via e-mail at  john.white@wright.edu or by phone at ext. 2917.    
                           
        Unc Hrly &        Unclassified       PERS-  
Faculty   Faculty   Unclassified   Classified   & Classified       Covered   
> = 51%   Other    1 > = 51%   > = 51%   <51% 2 Residents 3 Students  
                           
Retirement 14.00%   14.00%   14.00%   14.00%   14.00%   0.00%   14.00%  
Workers'                            
  Compensation 0.13%   0.02%   0.17%   0.41%       0.00%      
Unemployment 0.02%   0.07%   0.31%   0.09%       0.00%      
Fee Remission 0.19%   0.00%   1.29%   2.08%              
Disability 0.37%   0.00%   0.33%   0.38%       0.00%      
Life and AD&D 0.36%   0.01%   0.36%   0.22%       0.00%      
Medical and                            
   Dental 9.49%   0.88%   14.68%   40.46%       0.00%      
Medicare 0.90%   1.35%   1.30%   1.23%   1.00%   0.00%   1.10%  
Under/(Over) accrual                            
per Federal Government -0.40%   -7.93%   -0.44%   8.54%       0.00%   2.00%  
   Total 25.10%   8.40% 1 32.00%   67.40%   15.00% 2 0.00%   17.10%  
                           
                           
1 Faculty <51% FTE, Adjunct Faculty, Overload Faculty, and Summer Faculty.          
2 Includes Unclassified and Classified State of Ohio Retirees.              
3 There were no salaries charged for Residents in FY11.  Therefore, no rate was negotiated for this benefit   
pool in FY13.                          
                           


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This page was last updated on September 4, 2012 (jm).
Please contact John White at x2917 with questions or comments.